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The role will also be responsible for the following:
Identifying material risks and key controls
Understanding our aggregate risk position for all levels
Conducting end to end assessments of the adequacy and effectiveness of controls.
Addressing requirements of Group Policies and Regulation.
Completing evidence validation of issues moving to closed status
This role as part of the CRO function will have responsibility for all aspects of Risk Management and Business Controls effectively managing their risks. It will include Risk Assessment, Identification, Management and Mitigation Controls across all aspects of the Business within the specific business line
Maintains a repository of all open issues, observations and remediation plans. Establishes meeting routines with business owners and lines of defense to ensure appropriate progress on issues
Acts as the Risk Liaison between the Business, other Risk areas and Audit & Exams on the vetting of new issues
Ensures remediation requirements include policy and procedure updates where necessary
Promotes a Risk culture and Risk awareness across the Bank.Identifies emergingrisks and work with the business and/or appropriate risk specialists to identify preventative actions
Develops multiple reports for different management levels to communicate progress of issues.
Escalates and professionally debates when necessary
Requirements for the role:
4 - 5 years experience across finance / operations / payments / credit / fraud
Thorough knowledge of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business
Thorough understanding of the business line's operations, products/services, systems, and associated risks/controls
Experience in Payments Acquiring products is a benefit
Thorough knowledge ofRisk/Compliance/Auditcompetencies
Strong process facilitation, project management, analytical skills with proven ability to work independently
Must possess business acumen and credibility to help business line(s) proactively identify and address changing workforce needs
Proven adaptability to changing priorities
Ability to think independently and provide credible challenge on process reviews
Excellent presentation, interpersonal, written and verbal communication skills
Applicable professional certifications preferred (QFA / Diploma in Risk etc.)
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